Marvin starts Marvin's Bike Company in Wheatland, South Dakota.There is one other bike store in Wheatland.Through good business management, Marvin's Bike Company obtains a great deal of market power in Wheatland.This acquisition of monopoly power is

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Obtaining a great deal of market power does not necessarily result in antitrust violations, especially if it is achieved through legitimate and lawful means. A company can gain a monopoly through superior business practices, innovative products, and cost efficiencies, as long as it does not engage in anti-competitive behavior, such as price-fixing, exclusive contracts, or predatory pricing. Therefore, Marvin's Bike Company may have a dominant position in the local market, but it is not automatically deemed as an antitrust violation.

Marvin Starts Marvin's Bike Company in Wheatland, South Dakota